Tuesday, December 19, 2017
House Passes A #GoodDealForWomen
Every American Household Can Expect a Tax Cut if Tax Bill is Signed into Law
WASHINGTON, D.C. — Independent Women’s Forum Senior Policy Analyst Patrice Onwuka offered the statement below following 227 to 203 passage of the Tax Cuts and Jobs Act:
"We applaud the House of Representatives for passing the Tax Cuts and Jobs Act, bringing us another step closer to much-needed tax relief and growth-stimulating reforms.
"Every American household can expect a tax cut in 2019 with the biggest tax reductions going to middle-class families. American businesses will become more competitive as they reinvest more of their earnings in their work and their people, through higher wages and more job opportunities. Low-incomeAmericans can finally be free from the costly tax penalty from the unpopular individual mandate in the Affordable Care Act.
"We hope the Senate finishes the job so that President Trump can deliver tax reform to American workers, families, and businesses by Christmas – a gift 30 years overdue."
Working for Women: A Modern Agenda for Improving Women’s Lives, a report released by IWF last year, details a slate of policy reforms to help more women and families, in which they have more control over the most pressing parts of their lives – including reforms to the tax code to benefit women in the workforce and society.
Independent Women's Forum is dedicated to developing and advancing policies that aren’t just well intended, but actually enhance people’s freedom, choices, and opportunities.